On Mon, 15 Jul 2013, omd wrote: > On Mon, Jul 15, 2013 at 5:41 PM, Kerim Aydin <ke...@u.washington.edu> wrote: > > Starting 6 individual simultaneous VT auctions (where for example you > > have to say "I bid in auction #3") seems very broken. I think the > > auction rule has to take into account multiple lots (final price > > being the Nth highest bid for N lots). > > The idea is that since the lifetimes differ, it makes more sense to > conduct the auctions separately. Might be too complicated to play > with, but intentional - the alternative might be ending up with a > crappy VT because you were in second place when vying for a very good > one.
Ah yes, didn't click for some reason that the VTs themselves aren't fungible. Of course they're not. Would be nice to have a general mechanism in Auctions to allow multiple lots, but not needed here. -G.
